FEDERAL · 12 U.S.C. · Chapter 46

Hearings

Current through Pub. L. 119-102
Title 12Banks and Banking·Ch. 46 — GOVERNMENT SPONSORED ENTERPRISES·Subch. III
(a)Requirements
(1)Venue and record Any hearing under section 4631, 4636(c), or 4636a of this title shall be held on the record and in the District of Columbia.
(2)Timing Any such hearing shall be fixed for a date not earlier than 30 days nor later than 60 days after service of the notice of charges under section 4631 or 4636a of this title or determination to impose a penalty under section 4636 of this title, unless an earlier or a later date is set by the hearing officer at the request of the party served.
(3)Procedure Any such hearing shall be conducted in accordance with chapter 5 of title 5.
(4)Failure to appear If the party served fails to appear at the hearing through a duly authorized representative, such party shall be deemed to have consented to the issuance of the cease-and

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Related

Clarke v. Office of Federal Housing Enterprise Oversight
355 F. Supp. 2d 56 (District of Columbia, 2004)
13 case citations

Source Credit

History

(Pub. L. 102–550, title XIII, §1373, Oct. 28, 1992, 106 Stat. 3989; Pub. L. 110–289, div. A, title I, §1153(b)(1)(B), July 30, 2008, 122 Stat. 2774.)

Editorial Notes

Editorial Notes

Amendments
2008—Subsec. (a)(1). Pub. L. 110–289, §1153(b)(1)(B)(i), substituted "section 4631, 4636(c), or 4636a of this title" for "section 4631 or 4636(c) of this title".
Subsec. (a)(2). Pub. L. 110–289, §1153(b)(1)(B)(ii), inserted "or 4636a" after "section 4631".
Subsec. (a)(4). Pub. L. 110–289, §1153(b)(1)(B)(iii), which directed amendment of par. (4) by inserting "or removal or prohibition" after "cease and desist", was executed by making the insertion after "cease-and-desist" to reflect the probable intent of Congress.